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FEC approves N13.3 billion life insurance scheme for police

by Nasir Kura
December 22, 2022
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FEC approves N13.3 billion life insurance scheme for police
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The Federal Executive Council (FEC) has approved N13.3 billion for the award of contract for the provision of group life assurance scheme for the Nigerian Police Force.
Minister of Police Affairs, Mr Maigari Dingyadi disclosed this to State House correspondents Wednesday at the end of weekly FEC meeting chaired by President Muhammadu Buhari.
He said the scheme which would cover 318,319 police officers and men is for the 2022-2023.
“I submitted one very important memo to the Federal Executive Council, which has to do with the award of contract for the engagement of insurance underwriters and brokers for the coverage of group life assurance scheme for the Nigerian Police Force for the year 2022-2023 in the total sum of N13, 321, 742, 038.83.
“This is going to cover our Police population of 318, 319, officers and men. The Federal Executive Council has graciously approved this memo and it will take effect from 26th October, 2022 to 26th October, 2023,”he said.
The minister said the essence of the group life assurance scheme is to encourage the police officers and men who have been working hard to secure the security of lives and property across the country.
Also speaking, the Minister of Information and Culture, Mr Lai Mohammed, expressed concern over the unfortunate incident in Zamfara State, where air strikes against bandits by the Nigerian Airforce accidentally killed some innocent citizens.

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